CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank launched India’s first credit card made from recycled PVC plastic?
A
HDFC Bank
B
RBL Bank
C
ICICI Bank
D
HSBC Bank
Explanation: 

Detailed explanation-1: -HSBC India has launched India’s 1st credit card made from recycled PVC (Polyvinyl chloride) plastic.

Detailed explanation-2: -HSBC India on Thursday launched India’s first credit card made from recycled PVC plastic. This roll-out is part of a new programme launched by HSBC Group to introduce sustainable cards across all its global locations with a view to supporting its global commitments to sustainability and a net-zero future, it said.

Detailed explanation-3: -Central Bank of India was the first Bank to introduce credit cards in India.

Detailed explanation-4: -Aadhaar Card Update: UIDAI Launches Aadhaar PVC Cards; How to Order for Whole Family. The UIDAI charges a minimal fee of Rs 50 to print and delver the Aadhaar PVC card to your address.

Detailed explanation-5: -The word “plastic” usually refers to credit and debit cards instead of using cash (bills and coins) or a bank check. And for a good reason-the cards are made of plastic. More precisely, the plastic the credit cards are composed of is polyvinyl chloride acetate most commonly known as PVCA or PVC.

There is 1 question to complete.